Thursday, February 8, 2018

Indonesia > Stock Picks for Today (February 9, 2018): WSBP, WSKT, JPFA, AUTO, TOWR, GMFI, ADRO, CINT, SMSM



1. Waskita Beton Precast (WSBP)
  • The company optimistic will reach net profit of about Rp 1,2 trillion through the year 2017. MC Budi Setyono, Finance Director Risk PT Waskita Beton Precast said in 2018, WSBP is targeting revenues of Rp 9,7 trillion and Rp 1,4 trillion on net profit. 
  • Meanwhile, the WSBP has production capacity of 3.25 million tons/year. In 2018 production capacity is estimated to 3.75 million tons/year, which the company will increase the production capacity of around 500,000 - 600,000 tons/year.
2. Waskita Karya (WSKT)
  • The value of the contracts obtained already big enough, so that it can become a stock mover during the next few years. Government ambitions to complete various infrastructure projects make WSKT business still prospective this year.
  • This year's predicted WSKT could earn a net profit of Rp 4.27 trillion or jumped 136% year-on-year (yoy). Revenue estimated increase of 91% to Rp 45.44 trillion, which was obtained from a number of infrastructure projects over the past year.
  • This stock is quite interesting, because it has a strong business and price to earning ratio (PER) cheaper than other stocks in the same sector.
3. Japfa Comfeed Indonesia (JPFA)
  • PT Santosa Agrindo, a subsidiary of PT Japfa Comfeed Indonesia, exports the wagyu beef weighing 600 kilograms with a value of about US $20,000 to Myanmar on Wednesday. In the near future, it is also targeting two other markets namely Malaysia and the Middle East. Currently, the company has 10,000 wagyu cows, while total cattle owned as many as 150,000.
4. Astra Otoparts (AUTO)
  • PT Astra Otoparts (AUTO) allocate funds of Rp 200 billion to finance the development of special components of electric vehicles, such as electric motor or electric car. Although her request has not been so big, but the company is optimistic the markets electronic vehicle will soon grow rapidly. The funds come from capital expenditure 2018 amounting to Rp 2 trillion.
5. Sarana Menara Nusantara (TOWR)
  • Vice President Director of PT Protelindo, a subsidiary of PT Sarana Menara Nusantara, Adam Gifari reveal years of politics has its own advantages: for the use of the device will be on the rise in almost all areas. Increased utilization anywhere. People spending is increasing so that turnover increased. The company estimates this year could grow in the range of 5-9 percent.
6. Garuda Maintenance Facility Aero Asia (GMFI)
  • PT Garuda Maintenance Facility Aero Asia Tbk. grab the contract maintenance and repair of aircraft from 15 national and foreign airlines on the third day of the aerospace exhibition Singapore Airshow 2018. The 15 airlines are Indonesia AirAsia, Indonesia AirAsia X, AirAsia Berhad Malaysia, Thai AirAsia, Airfast Indonesia, Eastar Jet, Trigana Air, Aeroagle, Sriwijaya Air, NAM Air, Citilink Indonesia, Cebu Air, Jeju Air, Air Atlanta and Transnusa Aviation.
7. Adaro Energy (ADRO)
  • ADRO in 2018 the company is targeting production of coal 54 — 56 million tons. In 2017, the company producing the coal to a number of 51.79 million tonnes, down 2% year on year (yoy) from 2016 realization of 52.64 million tons. The sales volume reached 51.82 million tons, down 4% yoy from 54.09 million tonnes previously.
  • The company is targeting EBITDA in 2018 US $1.3 billion — US $1.5 billion. These figures increased compared to operational EBITDA estimate in 2017 of US $ 900 million — US $1.1 billion.
8. Chitose International (CINT)
  • The company's joint venture with an investment of Rp 20 billion between Chitose International and C Eng original Japan co. Ltd. will operate the Q2/2018. At the new plant, the company will be producing a special segment of baby mattrass, hospital mattrass, military mattrass, and police mattrass. With production capacity reaching 6,000 pieces per year, the company wanted to target the markets of Southeast Asian countries and Japan.
  • Currently, the company's production capacity reached 1.5 million units of stell furniture and nursing bed per year.
  • From financial reports, in January — September 2017, the company had sales of Rp 264,42 billion or 12.5% rise from the same period of the previous year (yoy) amounting to Rp 234.91 billion. In the same period, the company recorded operating income of Rp 26.81 billion or rose 75.95% from the same period a year earlier. 
9. Selamat Sempurna (SMSM)
  • Manufacturer of automotive components, PT Selamat Sempurna, want to minimize the production of automotive segments gradually and focus on heavy equipements sector such as truck, bus and ship.
  • SMSM registered net sales of Rp 889,41 billion during the period January – September 2017 or jump 26% from the same period of the previous year of Rp 705.24 billion. In that period, the company also registered a gross profit of Rp 256.89 billion or rise 12.8% from the same period of the previous year Rp 227.59 billion.

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